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20130121
20130129
Search Results 0 to 11 of about 12
PBS
Jan 22, 2013 6:30pm PST
great economies, france and germany. they have been friends for 50 years. >> after centuries of conflict, they culminated in two world wars. speaking at a news conference in berlin, german chancellor angela merkel and french president francois hollande talking about that. >> they promised to unveil proposals in the coming months and it is a big step forward dr. became to power pledging to reverse the plans that merkel had championed. >> it is the first time these bundestag has had a full parliament from another country here. the french president, hollande, recalled the original spirit leading to the historic relationship. >> young people are not only our future but also the reason for the policies that we are pursuing. >> young people in both of our countries have the uncomfortable good fortune that they have never had to experience in it. but peace and democracy. >> he also addressed the economic crisis in europe and chancellor merkel followed suit. she stressed it is necessary. >> what have we learned from 50 years of franco-german friendship? our greatest problems can be solved when w
PBS
Jan 24, 2013 7:00pm PST
the japanese government. officials there project that the country's economy will grow 2.5% in the coming fiscal year. that's due to stimulus measures and a global economic recovery. a large scale economic package will push up the gross domestic product. they forecast a moderate global economic recovery will lift corporate sentiment and boost spending on plant and equipment. the officials expect people will rush to make more purchases including things like houses before a plant consumption tax hike in april 2014. the government has concluded that the economy will expand 5 2.5% in real terms and 2.7% in nominal terms. based on the assumption that prices will pick up modestly the government projects nominal growth will exceed real growth for the first time in 16 years. the dollar is gaining further ground against the yen. earlier it hit a high. now it's changing hands to 39 yen. traders have seen rates drop to a five-year low. that's provided a brighter outlook for the american economy. the consumer price index dropped in december for a second month running as well. the euro is trading higher an
PBS
Jan 23, 2013 6:30pm PST
in the arab world, which have taken their toll on the country's tourism industry. the economy has come to a standstill. unemployment is high. life is tougher than ever for the poor. this teacher has a big family to support. two wives, seven children. he has been hard hit by hikes in fuel prices this winter. >> the government needs to take care of the middle class. across the world, it is the middle-class sees that support the government. as long as they are not impoverished. then he says that if the political system stays the same, nothing will change. he is part of an opposition movement which boycotted the elections. as far as he is concerned, the king can stay in office, but only as a figurehead. >> the movement is calling for a change in the regime, and if that does not happen, then the next step would be the overthrow of the regime. that means the king. >> jordan is looking for a smooth transition to more democracy without a civil war like syria or an islamist government as in egypt. what happens all depends on how willing the king is to bring about change. >> tensions are running
PBS
Jan 21, 2013 7:00pm PST
as european credit woes continue to weigh on the global economy. officials announce on tuesday that nearly 200 million people worldwide were jobless in 2012. that's an increase of more than 4 million from the previous year. officials say unemployment grew not only in western countries but also in east asia and the middle east. nay say european debt problems affected emerging economies by hurting trade. youth unemployment is also on the rise. people aged 15 to 24 are counted for over a third of the total number. officials are urging governments to boost job training programs for young people. looking ahead officials say global unemployment will continue to rise this year to over 220 million. they site the sluggish global economic recovery as a reason. south korean journalists have voted toyota motors camry car of the year. representatives from the japanese automaker collected the trophy for the u.s. built sedan at a ceremony in seoul. the journalists praised the cars price competitiveness. it beat 44 models introduced last year including vehicles by bmw. toyota executives we began shipping cars
PBS
Jan 22, 2013 7:00pm PST
economy. they're celebrating the 50th anniversary of reconciliation. the elysee treaty was signed in 1963. commemorative events were held tuesday in britain -- in berlin, that is. french and german ministers held a joint cabinet meeting in the city. german chancellor angela america 8 and french president francois hollande made a statement together in parliament to emphasize their ties. they say they're determined to boost cooperation to help europe overcome its challenges. merkel said germany and france will soon make joint proposals to deepen economic integration in the eu. >>> the european debt crisis has revealed rifts between member countries. but merkel and hollande say they hope the celebrations will highlight the e.u.'s ties. >>> and now let's get a check on markets. first taking a look at the currencies, the dollar is lower against the yen as traders are taking profits following the recent advance. the dollar against the yen changing hands at 88.74-76. the u.s. currency was trading at the 89-yen level before the bank of japan announcements. market players see the outcome of the b.
PBS
Jan 21, 2013 6:30pm PST
. >> and an international audience watching on tv. a lot of europeans want to know which way the world's biggest economy is headed and can politicians sort things out. here is a man that thinks he can make a difference the second time around. obama then looked forward to his next and final four years in office calling an end to the politics of division and saying the united states could achieve anything if it acted as one. >> a decade of war is now ending. an economic recovery has begun. america's possibilities are limitless, for we possess all of the qualities this world without boundaries demand, youth and drive, diversity and openness. an endless capacity for risk and a gift for reinvention. my fellow americans, we are made for this moment and we will seize it so long as we seize it together. >> our washington correspondent was there. you were at the inauguration. obama had quite a big wish list. take us through it. >> well, it is not really a wish list. inaugural speeches are not the place for a wish list. but you can read between the lines. i would sum it up with two words, unity and equality. a me
PBS
Jan 23, 2013 7:00pm PST
3.2% in 2012. the imf says the euro zone economy will recover more slowly than previously expected. the imf's growth forecast for the united states is 2%. that's as long as the country contains its fiscal crisis including the debt ceiling and fiscal growth. the imf has mained growth outlook for the japanese economy for 1.2% this year. they were warned about the risks of accumulating debt without consolidation measures. >> when the countries start with ray otio of debt to gdp, in bot cases it's much above. we vowed a clear plan for fiscal consolidation over the next five, ten years, it seems to many to be quite dangerous to increase the fiscal deficit. >> the u.s. house of representatives have agreed to raise the debt ceiling until may 18th. the bill will prevent the government from defaulting on its debt. the bill passed the house on wednesday after the republican majority changed its stance. republicans said they would not approve the bill unless the government made more cuts to social programs. republicans had public criticism that they were not consider the markets on a financia
PBS
Jan 24, 2013 6:30pm PST
community reacted in a very still a way to the threat of but leaving, saying that the german economy would be able to cope with that, though it would of course regret it. even more important, perhaps, the united states reacted very negatively. the relationship between britain and the united states has been the mainstay of british foreign policy for more than a century. yesterday, a member of the state department said that if britain were to leave the european union, that would seriously damage the special relationship between washington and london. >> thank you very much. >> to washington now where u.s. senator john kerry is president obama's choice for the next secretary of state. he has been quizzed by senators ahead of his recommendation. >> the issues like climate change and fighting disease are also priorities. he's expected to easily win approval for the job from the senate. to syria where authorities have called for a million-man prayer at mosques on friday in an effort to stem anti-regime demonstrations. >> the embattled president was also shown on state television praying with syr
PBS
Jan 20, 2013 6:30pm PST
a decent economy here if working people have no rights. if people can't bargain with their employer, there is no place in the world where people who bargain can't raise their wages. i think our strategy is to link core issues together so that it's not just, quote, labor or particularly organized labor. as you said, 12%, and that includes the public sector. private sector is under 7%. it's not just labor talking about workers' rights, it's all of us who have a vision of economic justice. let's do something about economic inequality. let's figure out how to stig stigmatize the rising economy. i was at a meeting in california of young new stewards on saturday. this is 7 to 10 years. i've been doing this my whole life. i may not be there at the end of that period, but i'm sure, absolutely certain, that without that kind of basic movement in this country, not just the traditional union agenda, we don't have a chance. on the other hand, with that kind of agenda, i absolutely believe we can change this country as president obama talked about in 2008. the change you can believe in, the chan
PBS
Jan 25, 2013 6:30pm PST
for the eurozone, and in particular, the eurozone crisis countries. the usa, southeast asia, and growth economies are important here. from that point of view, this cannot be taken as a signal that the eurozone crisis is over. while the eurozone crisis may not be over, the head of the european central bank, mario draghi, sees positive signs according to statements he made in davos. >> the level of activity is in the process of stabilizing at very low levels. we foresee a recovery in the second part of the year. >> there will still be some time before the effects of the reforms spread to european businesses as well. >> traders liked the results of the latest business report. dorothy sent us this report from the frankfurt stock exchange. them and good news traders have been waiting for. the market gained momentum. traders now believe in the strong rebound in the first quarter. there were also positive signs from the eurozone banking sector. banks are going to pay back earlier than expected. but the largest german solar group cannot pay back its debt any more and ask donors for a fare cut. share pric
PBS
Jan 27, 2013 6:00pm PST
and india to do something. if they do not, we are spinning in the wind. we are dismantling our economy to do absolutely nothing for the global climate. if you have china and india do what we are doing, intending to do, you would actually make a change that would make a difference. otherwise, what we're doing is dismantling our industry and essentially exporting it to china and india, where all of the carbon pollution is coming from. >> dealing with china and india is the job of the state department. hillary clinton. >> we were misled and there were protests and that the assault sprang out of that. >> with all due respect, we have four dead americans because of a protest or was it guys out for a walk that decided they would kill americans? what difference, at this point, does it make? it is our job to figure out what happened and figure out -- do everything we can to prevent it from happening again. >> the issue was the attack on our consulate in benghazi, took four lives, and with reference from we just heard, susan rice's comments on tv. one member of congress said clinton had allowed the c
PBS
Jan 27, 2013 6:30pm PST
in eroding trust and really hurting the economy are legal. this is legal. what amgen did now is legal. should it be? is it ethical? is it the right thing for the country? absolutely not. but they literally accomplished in the back room, with their access to important people, what they could never have accomplished on the floor of the house or on the floor of the senate. >> congressman, people out there -- you're right, people out there are disgusted. but they're also despairing. they've seen this time and again. we report on it. they see it. they get angry. and then nothing happens. >> well, that's right. and that's why i'm so glad that congressman hanna, we've got a bipartisan bill here. >> a republican. >> a republican, a very good member from new york. and there's a lot of us who really take seriously that we've got two jobs. one is to try to make good decisions on policy that are going to get america going again, but the other, and each of us with a vote has this job, is to try to restore trust in the institution. and that means that when there is this kind of egregious rip off, we've got
Search Results 0 to 11 of about 12